We all know by now that the third quarter was a dismal one for equities. And while the selling was fierce in the broad market, it was even more intense in many sector and individual country exchange-traded funds (ETFs).
Which ETFs suffered the worst declines last quarter, and which funds held their own?
Last quarter, the tally of ETF grew to 1,148, with more than $1 trillion in assets. There were 35 new ETFs added to the mix in Q3, including interesting funds such as the First Trust Cloud Computing ETF (SKYY), the first ETF that invests in companies closely involved in cloud computing technologies.
There’s also the Market Vectors CEF Municipal Bond Fund (XMPT), a “fund of funds” that invests in municipal bond closed-end funds. Another interesting new offering is the Guggenheim Yuan Bond ETF (RMB), the first ETF that gives investors access to Chinese yuan-denominated bond market.
It’s time to get your knowledge on, and it’s time to get up to speed on all of the latest ETF data. That means now is the time to get your red-hot
Fabian Q3 ETF Report.